Full exemption
(1) The Commission may, by legislative instrument, make a determination exempting specified reports from the scope of sections 151BUA, 151BUB and 151BUC, either:
(a) unconditionally; or
(b) subject to such conditions (if any) as are specified in the determination.
The determination has effect accordingly.
Note: For specification by class, see subsection 13(3) of the Legislation Act 2003 .
(2) If all of the information contained in a report (the first report ) is, or is to be, set out in a report under Division 12A, the first report is exempt from the scope of sections 151BUA, 151BUB and 151BUC.
Partial exemption
(3) The Commission may, by legislative instrument, make a determination that specified information is exempt information for the purposes of this section, either:
(a) unconditionally; or
(b) subject to such conditions (if any) as are specified in the determination.
The determination has effect accordingly.
Note: For specification by class, see subsection 13(3) of the Legislation Act 2003 .
(4) If some, but not all, of the information contained in a report is, or is to be, set out in a report under Division 12A, so much of the information as is, or is to be, set out in the Division 12A report is exempt information for the purposes of this section.
(5) If a report contains exempt information, sections 151BUA, 151BUB and 151BUC apply as if:
(a) the exempt information were not part of the report; and
(b) so much of the report as does not consist of the exempt information were a report in its own right.